Global Teaseed Cake Market Overview:
Teaseed Cake is the residue part left after oil is extracted from the camellia seeds also known as tea seeds. The tea seed cake is available in the market with straw as well as without straw. Although, the tea seed with straw segment is more popular in the market, because it is widely known as natural pesticide used to kill unwanted fish, snails, insects, tadpole, clam and other pests. Tea seed is also said to be economical to farmers, and does not leave much of cumulative adverse residue in the water. Other than some households in East Asia specifically China, also use tea seed cake as a detergent because of its natural cleansing agent properties. Although, less awareness about the benefits of the product limits the market prospectus of the tea seed cake. Globally, Asia Pacific Market Accounts for Largest Market Share.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Blueweight Biotech LLP (India), Taiwan Fu Kung Industrial Co., Ltd. (Taiwan), Xi'an Pincredit Bio-tech Co., Ltd. (China), Neospark Drugs and Chemicals Pvt. Ltd. (India), Yichun City Qingsong Industry Co. Ltd. (China), Anhui Huayin Camellia Oil Co. Ltd. (China), Jiangxi Golden Deer Oil Co. Ltd. (China), Gih Hwa Enterprise Co. Ltd. (China), Xian Shan Yuan Agriculture & Technology Co. Ltd. (China) and B Joshi Agrochem Pharma (India) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- Increasing Advancements in Agro-Chem
- Rising Demand for Solutions to Prevent Crop Diseases in Order to Increase the Yield
- Surge in Aquaculture Farming, Specifically Shrimp Farming has led to Higher Demand for Solutions to Kill Unwanted Fish and Parasites
Roadblocks
- Less Awareness about Proper Use of the Product
Opportunities
- Developing Countries Present Huge Market Prospectus
Challenges
- Presence of Adulterated and Counterfeit Products in Market
Competitive Landscape:
Growing demand for natural pesticides for aquaculture applications has led to growth of the tea seed cake market. The rising demand for shrimps in market, has also indirectly benefitted the tea seed cake market. Other than that, it is also extensively applied in the agriculture as a natural fertilizer and pesticide. But, due to less awareness about the product, it has limited market scope. Asia Pacific, primarily China and India account for largest market share.
Some of the key players profiled in the report are Blueweight Biotech LLP (India), Taiwan Fu Kung Industrial Co., Ltd. (Taiwan), Xi'an Pincredit Bio-tech Co., Ltd. (China), Neospark Drugs and Chemicals Pvt. Ltd. (India), Yichun City Qingsong Industry Co. Ltd. (China), Anhui Huayin Camellia Oil Co. Ltd. (China), Jiangxi Golden Deer Oil Co. Ltd. (China), Gih Hwa Enterprise Co. Ltd. (China), Xian Shan Yuan Agriculture & Technology Co. Ltd. (China) and B Joshi Agrochem Pharma (India). Additionally, following companies can also be profiled that are part of our coverage like Guangshui Tushi Agriculture Development Co., Ltd. (China), Sridhar Enterprises (India) and Supreme Aquaculture Solutions (India). Considering Market by Distribution Channel , the sub-segment i.e. Direct will boost the Teaseed Cake market. Considering Market by Packaging , the sub-segment i.e. HDPE Bag will boost the Teaseed Cake market.
What Can be Explored with the Teaseed Cake Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Teaseed Cake Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Teaseed Cake
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Teaseed Cake market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Teaseed Cake market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Teaseed Cake Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.